http://darylpeveto.photoshelter.com/gallery/G00003XkyzFZ.meg?feed=atom2014-10-08T05:17:56ZCentral Falls, RIhttp://www.photoshelter.com/favicon.icohttp://www.photoshelter.com/img/ps-logo.gifPhotoShelterhttp://darylpeveto.photoshelter.com/image/I0000EjkFa1Cp9H8120716_CentralFalls_0512.jpg by Daryl Peveto2014-10-08T05:17:56Z2014-10-08T05:17:56ZDaryl Pevetohttp://darylpeveto.photoshelter.com<a href="http://darylpeveto.photoshelter.com//gallery-image/G00003XkyzFZ.meg/I0000EjkFa1Cp9H8/0"><img src="http://cdn.c.photoshelter.com/img-get/I0000EjkFa1Cp9H8/s/500/I0000EjkFa1Cp9H8.jpg" alt="Central Falls, Rhode Island, July 16, 2012 - With an improving unemployment rate of 13.9%, down 2% since February, citizens are still struggling in Central Falls. The poverty rate is still at a record 29%, triple the state average.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 16, 2012 - With an improving unemployment rate of 13.9%, down 2% since February, citizens are still struggling in Central Falls. The poverty rate is still at a record 29%, triple the state average.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Its situation is not unlike Vallejo, CA which filed for bankruptcy in 2010. The difference is Vallejo chose to cut health care and pay as well as city services and payments to bondholders rather than cut worker's and retirees' pensions. Central Falls has no other option. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, there is no where else to draw from to make up the shortfall.

The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy.

Its situation is not unlike Vallejo, CA which filed for bankruptcy in 2010. The difference is Vallejo chose to cut health care and pay as well as city services and payments to bondholders rather than cut worker's and retirees' pensions. Central Falls has no other option. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, there is no where else to draw from to make up the shortfall.

The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke.

Its situation is not unlike Vallejo, CA which filed for bankruptcy in 2010. The difference is Vallejo chose to cut health care and pay as well as city services and payments to bondholders rather than cut worker's and retirees' pensions. Central Falls has no other option. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, there is no where else to draw from to make up the shortfall.

The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy.

Its situation is not unlike Vallejo, CA which filed for bankruptcy in 2010. The difference is Vallejo chose to cut health care and pay as well as city services and payments to bondholders rather than cut worker's and retirees' pensions. Central Falls has no other option. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, there is no where else to draw from to make up the shortfall.

The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Central Falls has always been a city of immigrants. During the the textile boom, Scots, Irish and Canadians flocked to the jobs there. More recently its demographic evolved again with over half of the city's 19,376 residents Hispanic, and 42 percent of them immigrants.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - The median gross rent for Central Falls was $765 last year, or $9,180 per year, while per capita income was just $14,935.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Pastor Narciso Romero prays over one of his congragants at Iglesia Pentecostal Unida. Churches and religious organizations are helping to fill some gaps and keeping the community together. Iglesia Pentecostal Unida hosts events several nights each week for its congregation.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Pastor Narciso Romero prays over one of his congragants at Iglesia Pentecostal Unida. Churches and religious organizations are helping to fill some gaps and keeping the community together. Iglesia Pentecostal Unida hosts events several nights each week for its congregation.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Schools in Central Falls are some of the worst in the state. In the 1990's the state completely took over the city's schools, including 100 percent of its funding. The school district made headlines when it fired every one of its teachers for their refusal to spend 25 more minutes per day as an effort to correct deficiencies under the No Child Left Behind Act.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 16, 2012 - The few businesses that appear to be doing okay are discount sellers, such as the 99 Cent Stores, and those offering quick loans. The percentage of citizens falling below the poverty line in Central Falls is at a record 29%, triple the state average. The median income is just below $15,000.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - The median gross rent for Central Falls was $765 last year, or $9,180 per year, while per capita income was just $14,935.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - The few businesses that appear to be doing okay are discount sellers, such as the 99 Cent Stores, and those offering quick loans. The percentage of citizens falling below the poverty line in Central Falls is at a record 29%, triple the state average. The median income is just below $15,000.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Churches and religious organizations are helping to fill some gaps and keeping the community together. Iglesia Pentecostal Unida hosts events several nights each week for its congregation.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Pastor Narciso Romero (second from right) prays over one of his congragants at Iglesia Pentecostal Unida. Churches and religious organizations are helping to fill some gaps and keeping the community together. Iglesia Pentecostal Unida hosts events several nights each week for its congregation.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Churches and religious organizations are helping to fill some gaps and keeping the community together. Iglesia Pentecostal Unida hosts events several nights each week for its congregation.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - When a city goes broke, its social services are often the first cuts to be made. This pain is felt across the city, but never so acutely as those whose lives depend on it. In Central Falls, where nearly 1 in 3 live below the poverty line, the services make all the difference.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - With an improving unemployment rate of 13.9%, down 2% since February, citizens are still struggling in Central Falls. The poverty rate is still at a record 29%, triple the state average.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Despite it economic challenges and heavy crime, the tiny city has a strong sense of community and many asked feel optimistic about the future.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - The median gross rent for Central Falls was $765 last year, or $9,180 per year, while per capita income was just $14,935.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 16, 2012 - Central Falls has always been a city of immigrants. During the the textile boom, Scots, Irish and Canadians flocked to the jobs there. More recently its demographic evolved again with over half of the city's 19,376 residents Hispanic, and 42 percent of them immigrants.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 16, 2012 - The few businesses that appear to be doing okay are discount sellers, such as the 99 Cent Stores, and those offering quick loans. The percentage of citizens falling below the poverty line in Central Falls is at a record 29%, triple the state average. The median income is just below $15,000.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 16, 2012 – In 2010 the Mayor of Central Falls, Charles D. Moreau, was accused of rampant fraud and corruption including no-bid contracts and kickbacks from a high school friend, who was granted almost $2,000,000 in overpriced property boarding fees, which the Rhode Island U.S. Attorney is investigating. He was fired last year by the city’s state-appointed receiver, retired Judge Mark Pfeiffer. "The state police show up at my house at seven in the morning and strip me of my vehicle my cell phone the keys to my office. They changed the lock to my office," said Moreau during an interview with WBGH. He is appealing his removal with the State Supreme Court.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Churches and religious organizations are helping to fill some gaps and keeping the community together. Iglesia Pentecostal Unida hosts events several nights each week for its congregation.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - With a empty pension fund that operates at five times the city's entire budget, Great Falls has been forced to renegotiate its pension agreements and healthcare benefits it has promised its retired police and firefighters.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Schools in Central Falls are some of the worst in the state. In the 1990's the state completely took over the city's schools, including 100 percent of its funding. The school district made headlines when it fired every one of its teachers for their refusal to spend 25 more minutes per day as an effort to correct deficiencies under the No Child Left Behind Act.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - With an improving unemployment rate of 13.9%, down 2% since February, citizens are still struggling in Central Falls. The poverty rate is still at a record 29%, triple the state average. Many families in the working class city work evening shifts or multiple jobs, so neighbors and family members help with child care.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection.

Its situation is not unlike Vallejo, CA which filed for bankruptcy in 2010. The difference is Vallejo chose to cut health care and pay as well as city services and payments to bondholders rather than cut worker's and retirees' pensions. Central Falls has no other option. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, there is no where else to draw from to make up the shortfall.

The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke.

The city’s downfall mirrors patterns found in many of the other municipalities near or in Chapter 9, including Stockton, Mammoth Lakes and San Bernardino, CA as well as Harrisburg, PA and Jefferson County, AL, where spending far outpaced shrinking revenues. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 - Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy.

Its situation is not unlike Vallejo, CA which filed for bankruptcy in 2010. The difference is Vallejo chose to cut health care and pay as well as city services and payments to bondholders rather than cut worker's and retirees' pensions. Central Falls has no other option. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, there is no where else to draw from to make up the shortfall.

The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.

Central Falls problem was that spending continued unabated even though its revenues were down sharply. For years its government failed to contribute to its police and firefighters’ pension fund, eventually leaving the fund broke. With an $80 million unfunded pension – which is 5 times that of the city’s $17 million budget - and obligation to cover health benefits, it had no option but to file for Chapter 9 protection. Daryl Peveto)" ></a>
<br />Central Falls, Rhode Island, July 15, 2012 – Crime has been a persistent problem in Central Falls, particularly drug related crime. In 1986 Rolling Stone magazine coined it the cocaine capital of New England. Still the city has actually seen its overall crime rate fall over the past ten years even with its recent economic challenges.

Central Falls, a city of about 19,000 just north of Providence, is both the smallest and most densely populated city in Rhode Island. It also has the distinction of being one of a handful in the US to file for bankruptcy. The city’s economy began to decline in the 1970s with the departure of manufacturers, particularly in the textile sector where 11 plants closed between 1997 through 2007. By the 1990’s the state was eventually forced to take over the city’s schools system, including 100 percent of its funding. The Great Recession in 2008 added further pain when the state was forced to drastically cut aid to cities and towns.